Are you tired of spending an enormous amount on flights? Then, there’s a good news! Travel hacking is the answer to all your travel woes. It’s an exciting way to convert credit card welcome bonuses and other incentives into airline miles, that can then be used to obtain discounted or complimentary flights for your dream destinations. With a little bit of imagination and some know-how, you’ll be jet-setting for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is the art of swapping credit card sign-up bonus and incentives for airline miles. These miles can later be used to purchase discount or no-cost flights. Certain credit cards allow you to redeem miles towards hotel stays or car rental offers.
How Does it Work?
The secret to successful travel hacking is to take advantage of the credit card sign-up bonus and to establish a frequent flyer mile program with a limited number of airlines. When you are ready to book a flight take a look at the price. If the cost is less than $300, it’s best to pay in cash and use your miles to pay for a more expensive flight. If the prices start to rise higher than $500, it’s best to look into those frequent flyer accounts to see which airline can give you the best deal. It all boils down to the number of points or miles in your travel bank for every airline.
Begin by Getting Started with Travel Hacking
Are you ready to discover the secrets to travel hacking? First step to open the credit card that comes with a sign-up bonus. There are plenty of great credit cards that offer many benefits and features. It depends on the type of airline, your habits with spending and the features that are most crucial to you.
Top Credit Card Picks
Here are some credit cards that are excellent to hack travel
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If you’ve been approved for a credit card, you’ll need to reach the spending limit for minimum expenditure in order to receive the bonus. Every card has different guidelines, so make sure to look up this information. Then you can begin to rack miles and using them to book your dream vacation!
Ready to jet-set with your goals?
After you’ve accrued the points balance, you’re ready to redeem them for some nice getaway! Different credit card companies offer different ways to redeem your points, but here are a few examples from some of the companies I’ve worked with:
Escape by using Chase Ultimate Rewards
If you’re a holder of an Chase credit card, then you are able to redeem your points via the Ultimate Rewards portal. Within it, you’ll get access to virtually every airline. You can make use of a combination of money and points to pay for your next trip. You can even book entirely on points if you have enough balance! Sometimes, even if you don’t have enough points to cover the total price, you can purchase flights through the Chase Ultimate Rewards portal and pay the balance cash using any credit card.
Are you tired of paying full price for flights? Did you know that when you book directly through United you can choose the option of paying using dollars or points? Be careful that if you don’t have enough points, you cannot combine points and dollars for the same flight. Don’t worry, though, if you’re a few points away, United also offers the possibility of purchasing additional miles.
Are you looking for a domestic flight? Take a look at JetBlue! JetBlue provides an enjoyable and comfortable flight experience , with more space and complimentary snacks. Plus, their booking process is similar to United’s that allows you to book with either JetBlue points or dollars, however, not both. The difference is that JetBlue offers a distinct feature that allows you to combine your points with family members to accrue points twice as fast. Just make sure you can prove you’re really family before trying to hack into the system.
Make sure you spend that minimum amount
If you’re anything like me and my travel companion Becca You’re probably quite frugal and it can be challenging to attempt to spend thousands of dollars to hit the required amount to qualify for a credit card bonus. But don’t fret because we’ve been there and are here to share some of our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able to pay your rent with a credit card, do it! Make sure you pay a cost, which is usually about 3 percent. It could be worthwhile over the long term if the bonus is high enough.
Make a payment on a medical expense
Another excellent way to meet the required spending is to cover the medical bills. If you don’t have any medical bills in the near future then ask your relatives if you could pay for theirs and they will pay you back.
Repay a loan
If you’re a borrower take into consideration making payments on them with an credit card. Just make sure you pay off the balance on your credit card completely so that you don’t accumulate more debt.
Ask family for help
Ask your family members to look into any big expenses coming up which you could help pay for. Make sure that you are able to are able to trust the person and that they are aware of the reason for doing it.
If you’re in the middle of the holiday season, consider buying all your gifts using the credit card you have. In this way, you’ll reach the minimum spending requirement and also be ready for giving gifts. Make sure that you’re not spending more than you were already contemplating to.
There are plenty of methods to get the most from the travel credit card. You can accrue points or miles to be used towards airfares or other travel-related costs. Here are a few additional ideas for maximizing the rewards you earn:
Make travel reservations using your credit card
Whenever you’re planning a trip, make use of you travel credit card to pay for your hotel, flight or rental car, as well as other travel costs. Not only will you achieve the required amount to earn your credit card, however, you’ll also earn points or miles on those expenditures.
Use your credit card for everyday expenses
Another way to hit the minimum spend to earn rewards is utilising your credit cards to pay everyday expenditures. This could include things like food, gas and even your telephone bill. Make sure you pay the balance off in full each month so you don’t accrue interest charges.
Benefit from bonus categories
Many travel credit cards offer miles or bonus points for certain types of purchases, such as eating out or travelling. Check out your credit card’s rewards program and avail any bonus categories that match with your spending habits.
Take into consideration a balance transfer
If you’re in the middle of a debt on a credit card, consider transferring that balance to the travel credit card which has a 0% introductory APR for balance transfers. This will enable you to pay off your debt without accruing interest, and also assist you in reaching the minimum spending requirement for the credit card bonus.
Use your points or miles wisely
When you’ve earned a significant amount of points or miles Make sure to utilize them in a responsible manner. Examine the rewards program of your credit card and compare the value of different redemption options. For example using points to book a ticket directly through the airline may give you a better return than using them for an gift card.
Another option is to get a rewards card that allows you to transfer rewards to different loyalty program. This allows you to enjoy a greater variety of options and greater flexibility when making use of your rewards. For instance, you might be capable of transferring your rewards to an airline’s frequent flyer program or reward program for hotels. This will give an access wider range of flights, hotels, and other travel perks that may not be offered through your credit card’s rewards program.
Also, find out whether your credit card has certain benefits that will save you money on travel-related costs. Many cards offer travel insurance as well as rental car insurance baggage protection, and other benefits that could be very beneficial when traveling.
Finally, when you’re traveling with someone else, both of you can earn rewards using your credit card. Make sure you don’t share the costs on the same card. Also, make sure to keep track of your rewards in a separate manner.
Overall, the key to maximizing your travel rewards is to know your credit card’s rewards program and to ensure you’re making use of your credit card in the most effective method. Utilizing a combination of the methods I’ve described, you’ll be able to earn rewards fast, exchange rewards for valuable travel experiences and benefit from a wide variety of travel benefits.